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Nikola agrees to $83M SEC settlement
Yahoo Finance·2025-09-13 05:36

The collapse of zero-emission truck developer Nikola Corporation has culminated in a liquidation plan that includes an 83millionsettlementwiththeU.S.SecuritiesandExchangeCommission.CourtfilingsonFridayoutlinedtheagreementwithfederalregulators.TheSECclaimissplitintoanunsecuredclaimofabout83 million settlement with the U.S. Securities and Exchange Commission. Court filings on Friday outlined the agreement with federal regulators. The SEC claim is split into an “unsecured claim” of about 43 million and a “junior claim” of $40 million. The settlement is part of a broader Chapter 11 plan of liquidation for Nikola and its nine debtor affiliates, including Nikola Motor Co. L ...